MORRISSEY MICHAEL sold EXEL
February 15, 2025 · Form 4 insider transaction
MORRISSEY MICHAEL sold 63,570 shares of Exelixis, Inc. at $35.00 per share, a transaction worth $2.22M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Shares withheld by Exelixis, Inc. to satisfy taxes payable in connection with the vesting of performance-based restricted stock units awarded on March 4, 2021, for which the Compensation Committee certified that Exelixis, Inc. had achieved certain performance criteria on January 11, 2024.; Includes 848,381 shares of Exelixis, Inc. common stock ("Common Stock") that will be issued to the Reporting Person upon vesting of restricted stock units ("RSUs"). Each RSU is the economic equivalent of one share of Common Stock.